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Bitcoin Shows Steady Signs of Recovery, Can the Bulls Outperform the Bears?
Bitcoin shows signs of recovery as it reclaims the $111,000 price range
One trader believes that if BTC were to dip again, bull action will beat bear action.
This could mean a small recovery pump before the expected correction.
The crypto market seems to be showing a small pump in the prices of the pioneer crypto asset Bitcoin (BTC) and the pioneer altcoin asset Ethereum (ETH). At the moment, both assets have increased in price compared to yesterday. Presently, Bitcoin shows steady signs of recovery, and analysts expect that even in the event of another price fall, the action of bull traders will outperform that of the bears
Bitcoin Shows Steady Signs of Recovery
The pioneer crypto asset has been trading in a slow and steady sideways movement in the $110,000 price range for a few days now. In fact, the price of BTC went on to set a new ATH price in the $124,000 price range in August, just above its previous ATH in the $123,000 price range. After 10 days, the price of ETH went on to hit its first ATH this bull season at the $4,900 price range, just above its previous ATH at the $4,800 price range
Since then, both BTC and ETH prices began to fall drastically, BTC more than ETH. In detail, the price of BTC fell as far as the $110,000 price range and is now trading in the $111,000 price range. Meanwhile, the price of ETH fell as far as $4,100 and is now trading back above the $4,300 price range after dipping temporarily to the $4,200 price range yesterday. This shows that ETH has been steadily outperforming BTC over the last few weeks.
Presently, expectations within the crypto market were that the price of BTC would continue to decline and drop even further in the second half of September. This prediction is based on the historical data of September always being a bearish red month. Whatโs more, analysts believe that the Fed rate cut announcement in the latter half of September will trigger this huge correction state that could drop the price of BTC to below $100,000.
Can the Bulls Outperform the Bears?
While the price of BTC is expected to fall to 5-digit prices, most likely to the $90,000 price range to close a CME Gap in that price level, analysts do not think the price of ETH will fall so drastically. In fact, altcoin prices are expected to grow significantly in Q4 of 2025, and their price charts are all indicating bullish pump signals. Similarly, analysts expect the price of BTC to surge and hit new ATH prices as well after the September correction phase
At the moment, with the price of BTC back over the $110,000 price range and trading in the $111,000 price region, analysts believe BTC may show a sharp recovery before the correction. As we can see from the post above, this crypto trader says that BTC is showing signs of a recovery, and this time the recovery could come very swiftly, with a trend line breakout on the chart. He says that while some are worried BTC might fall, swift action from the bulls will leave the bears unable to withstand it.